Somebody noted that articles about entrepreneurs focus on success stories. Somebody also asked about bankruptcy, one of the topics which aren't usually discussed in articles about entrepreneurs. Nevertheless, while the not-so-successful stories may be swept under the rug of silence and simply charged to experience, it remains a reality faced by many Pinoy entrepreneurs. With that, let's discuss the options generally available to Pinoy Entrepreneurs under financial distress.

A "trademark" is defined under Republic Act ("R.A.") No. 166, the Trademark Law, as including "any word, name, symbol, emblem, sign or device or any combination thereof adopted and used by a manufacturer or merchant to identify his goods and distinguish them from those manufactured, sold or dealt in by others." This definition has been simplified in RA 8293, the Intellectual Property Code of the Philippines, which defines a "trademark" as "any visible sign capable of distinguishing goods."

I've noted before that so many books and articles have been written about how to become a millionaire. Some of these books on millions and millionaires have become bestsellers and earned millions for their authors, while other books have, well, poor results. That being said, allow me to give my two cents (no pun intended) on millions and millionaires, as applied to probinsyanos. You could read about the Introduction or Part 1 (Get out of the probinsya).

If someone says that you have to pay an earnest money in buying a piece of land, what does that mean? If someone suggests that instead of earnest money, you enter into an option contract and, well, pay option money? You may have heard about "earnest money", "option money" and "downpayment" -- concepts in contracts that are discussed and compared in this article. 

Checks (or cheque, checque) are popular substitutes for cash in commercial transactions, and it may be safe to assume that Pinoy Entrepreneurs are familiar with the different kinds of checks, including crossed checks. Nevertheless, let's have a brief discussion for the benefit of those who may not be familiar with the concept and effects of a crossed check.

Greed has always been one of man's failings. The hope of greater gain has lured many a man to throw caution, and his common sense, to the wind. This human foible, known to many, has been exploited throughout the ages by con men, charlatans and cheats to bilk the gullible public of their hard-earned money. History has thus seen the unraveling of various disingenuous stratagems which are at bottom nothing but scams. The case at hand once again proves that "a sucker is born every minute."